Ringgit closes lower against US dollar on lack of catalysts

KUALA LUMPUR: The ringgit closed lower against the greenback on lack of new catalysts despite the US Dollar Index (DXY) moving downward by 0.2 per cent, said an analyst.

At 6 pm, the local note fell to 4.4185/4225 versus the US dollar compared with Wednesday’s closing rate of 4.4155/4210.